Archives for the ‘RealEstate.Local’ Category

I Don’t Like The Way Realtors Do Business Either

Author: From http://fredericksburgrealestateblog.com • Mar 28th, 2015
   Category: Blog Entries.Local, RealEstate.Local

 

JeffCartoonedRecently I attended a party and had the opportunity to engage in conversation with a gentlemen I had just met. During the conversation, he asked what I do for a living. As I answered that I am a Realtor and am part of a real estate team, I saw an interesting look fleetingly cross his face. I thought to myself, this guy is not fond of my profession.

A little while later, his girlfriend engaged me in conversation about real estate, and mentioned that she would soon be looking to buy a home. As we discussed her situation, the gentlemen made the comment, “Yeah, that is what all Realtors say.”

I am not one to leave a comment like that alone, so I began to probe deeper into why he felt that way. His answer was pretty passionate, and spot on. He told the story of how he had in the past been looking into buying a home. During that process he says, “I made the mistake of giving my information to an online real estate agent.” The way the agent “hounded me” was harassment.  As he tells the story, the agent acted was like a telemarketer on steroids. He says, “The agent unmercifully called and emailed me.

He then poses these questions to me, “What is professional about that?” “Do you want someone calling and interrupting your dinner or family time?” “Do you want your inbox filled with useless information that is nothing really but spam?”

My answer I think shocked him. I said, “I don’t like how Realtors do business either.” And admittedly, in the beginning I acted just like everybody else. I did what I was trained to do, which is pretty much what this agent had done to him. Then one day I stopped and realized, I hate this. This is not who I am. I love real estate, but hate how I’ve been taught to go about getting new business.

He looked at me with skepticism when I told him that my team does not do those things. For instance, if someone connects with us in some form, for instance off a new listing ad, we offer to answer questions and show them the property… once. We understand that if they don’t respond to that, they have their reasons. We would love for them to connect with us on Facebook, or subscribe to our Local Heroes Newsletter, and that is offered in that ONE communication.

I told him, that we are real people who also don’t like being harassed, and we simply don’t do it. The great thing is that we don’t have to. People who know us, trust us, and they refer people to us. Those who don’t really know us, if they stick around our blog or Facebook, the will learn that we are different.

If you believe that this is a better approach to the real estate profession, then  LIKE us on Facebook.

Happy house hunting.

The post I Don’t Like The Way Realtors Do Business Either appeared first on Fredericksburg Real Estate Blog.



67 Albertson Ct, Ruther Glen, VA – Home Story

Author: From http://fredericksburgrealestateblog.com • Mar 28th, 2015
   Category: Blog Entries.Local, RealEstate.Local

Every home has a story. Check out the publication below to learn more at the home at 67 Albertson Ct in Ruther Glen.

The post 67 Albertson Ct, Ruther Glen, VA – Home Story appeared first on Fredericksburg Real Estate Blog.



$500 of a buyer’s money protected – a fight over prepaid items

Author: From http://fredericksburgrealestateblog.com • Mar 20th, 2015
   Category: Blog Entries.Local, RealEstate.Local

Sometimes protecting a buyer client from the seller and the listing agent is more difficult that it should be.  It often involves fighting over an issue that leaves me shaking my head (or SMH for the texters among us.)  There is one particular fight that has happened more often than it should have, and usually leaves me fighting to protect my buyer’s money… on average between $300 and $700.  Let me share a story that will illustrate how the fight plays out.

Years ago I was representing a buyer who wanted to buy a home off of Gordon Road.  We found just the perfect home for her in a nice subdivision, with everything she wanted and within her budget.  The home was a ranch style home with a basement, a detached garage, cement driveway, and a beautiful lot of just over an acre.  It had everything she was looking for, and even some extras.

We made an offer on the home, and after some pretty intense negotiations, we finalized a contract for about $10,000 less than the list price, and the seller agreed to pay for my buyer’s closing costs, up to 3% of the sales price.  In other words, he had agreed to pay closing costs for my buyer up to around $9,000.

Most everything in this particular transaction was tough.  The seller was considerably less that agreeable on most issues with the contract.  The listing agent was difficult to get on the phone to talk about issues, and as I would learn wasn’t really all that knowledgeable about details of transactions.

This came to a head a few days before closing.  I received a call from the listing agent telling me that her client, the seller wasn’t going to pay part of the closing costs.  Nevermind that he was contractually obligated to do so, he wasn’t doing it.  As I pressed in to learn what the seller had issues with, the agent explained to me that he wasn’t paying “prepaid items” that were shown on the HUD1.  If you aren’t familiar, the HUD1 is currently the document used at real estate settlements that itemize where money is coming from, and going to, to settle the transaction.

I asked why the seller was having issue with the prepaid items in particular.  The agent advised that the seller wasn’t going to pay the buyer for something that the buyer had already paid.  I asked the agent if she had explained these items to her client.  Her response was priceless….and astonishing to me.  She said, “What is there to explain?  The seller isn’t going to pay for something the buyer has already paid.  Period.”  Folks, I couldn’t help myself, I laughed out loud.  You will understand why in a moment.

But first, let me tell you, the monetary issue at hand was around $500. This was $500 dollars that we had ALREADY  negotiated for my buyer.  It was money that my client was contractually entitled to, but here was a seller threatening to not close the transaction over this money.  But the real issue at hand, probably aside from the seller feeling like he didn’t have the best negotiator working for him, was the seller’s lack of understanding what constitutes a prepaid item in a real estate transaction.  The issue gained further explosiveness when the listing agent couldn’t advise him on the issue either.

Prepaid items are generally what are used to start up escrow accounts on a mortgage.  In most cases, when a lender lends money for a real estate transaction, they also set up accounts to pay things like home owners insurance and real estate taxes.  So, as part of the closing costs at closing, the lender will collect money to start those accounts.  That money is called “prepaids.”

So, I asked the agent to look at the HUD1.  When she had it, I asked her to go to the back and look at the appraisal fee, and see where it said POC.  I explained that POC means “paid outside of closing.”  This is something my client has already paid and is NOT part of the closing costs.  The prepaids to start the escrow accounts are NOT something my client has paid, and ARE something that is part of the closing costs the seller agreed to pay.

It took awhile, but ultimately I made the listing agent and seller understand this issue, and we were able to close on time.  And protected $500 of my client’s money!!

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Colleges promoting a huge sense of entitlement in young generation

Author: From http://fredericksburgrealestateblog.com • Mar 16th, 2015
   Category: Blog Entries.Local, RealEstate.Local

Recently I heard on the news that Chris Rock has refused to perform at colleges ever again.  That piqued my interest, so I delve into the story to try to understand why he had come to that conclusion.  Reading on this story I found a quote by Chris Rock, “You can’t say anything without offending someone on a college campus.”  He can’t even poke fun at himself without somebody getting up in arms and demanding an apology and raving about his insensitivity.

Not FairI was initially surprised at first that even Chris Rock won’t perform at a college.  Then as I considered it, it wasn’t so surprising anymore.  I believe colleges are fostering a sense of entitlement that bleeds over into two main areas of life.  The first area I am speaking of is that colleges are creating an unrealistic sense responsibility for every cause on the planet, as highlighted by the Chris Rock story.  It seems everything is unfair to somebody and it’s our fault.

I have a daughter that attends college.  She knew I was pondering this topic and considering writing an article about it.  A few days after she and I discussed this, she sent me the following text:

A point to add to your blog about college.  In the span of three class periods and a chapel service I was taught about:

  1. The healthcare crisis in America and those who are not represented in the mental health care field

  2. The dying species around the world because of our pollution

  3. The lack of funding for neurological research

  4. The diminishing heritage of small nations who are disappearing because of globalization.

Shelby, my daughter, says, “It’s no wonder people my age are offended by everything, we are constantly bombarded with all these different causes that we should care about.”  It seems to me that most college professors with a little authority want to use their classroom to implore the students to take up the mantle of their own favorite cause.  Then you throw in much of the junk that is peddled in the media and by politicians who care little about anything aside from lining their own pockets, and these young people are in a whirlwind of ideology, and don’t know what they should stand for.

The second sense of entitlement that I believe is created, and indeed furthered by colleges is in regards to education and careers.  Young people, and yes us, their parents, are taught to believe that a person must have a college degree to succeed.  That in and of itself is debatable.  But, it is taken a step further.  They are often conditioned to believe that because of their degree, they will be on the fast track within their respective careers.

Why is that a problem?  Just take a look at the statistics.  Research shows a significant percentage of college grads from last year are unemployed.  That degree that they had to have, and which would fast track them in their career is now serving no purpose but a sort of collateral for student loans.  Don’t misunderstand, I am not knocking education, or a college education.  What I do have a problem with is because of they way these folks have been conditioned, they are not willing to take a job that is beneath them.  They have a degree, and starting on the ground floor isn’t acceptable for many.

I was taught by my father, laziness is not how you want the world to see you.  That cannot be at the core of who you are.  You work, you put food on the table for your family.  Take any job that you need to, then you prove you are the best employee in the company and work your way up.  You do what you need to do.

Many years ago now, we were hit with an economic crisis in our country.  It seemed to have begun with the housing market, but regardless of if that is where it began, it hit the housing market hard.  Our market are went from selling around 1000 homes per month, to a little more than a hundred per month.  You can imagine the toll that took on us in the real estate profession.

I spent the better part of that summer, along with a friend of mine, doing lawn care.  We mowed and trimmed lawns, and did “trash outs” on foreclosed and abandoned properties.  We spent countless hours in the hot summer sun doing what many would consider beneath them.  I will never forget two things that were said during that time period.  The first was someone asking me, “Aren’t you afraid that one of your clients will see you mowing lawns?”  My answer is summed up in a statement that a friend named Jim Fetsko said about me to his wife Laurie.  Jim and Laurie saw me mowing a lawn in King George County one day and Jim said to his wife, “That is one hard working man right there.”

Failure just isn’t an option for someone who doesn’t have a sense of entitlement.  I didn’t care if a client saw me.  I was putting food on the table for my family by any means necessary.  A lot of real estate agents quit during those years.  Some went on to other jobs, some went to public assistance.  I simply did what I had to for my family to survive.

My story, I think, is pretty good.  But an even better one is a Detroit guy by the name of James Robertson.  James walked 21 miles to work each day, five days per week, for 10 years.  His Honda Accord quit running on him 10 years ago, and he just did what he had to do.  Do you see any sense of entitlement in Mr. Robertson?  Absolutely not, he is a survivor!  He didn’t look for an excuse not to work, he found a way to work!

The world could use more people who inspire survivors, not victims.  Young people today have the capability to do extraordinary things in the world.  They will too, if they can push aside all the garbage that is thrown at them and realize they need to make decisions for themselves about what is fair, and important, and recognize they just have to do what needs to be done.

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A Christmas Story at 10407 Colechester Street

Author: From http://fredericksburgrealestateblog.com • Mar 15th, 2015
   Category: Blog Entries.Local, RealEstate.Local

Well, it’s not THE Christmas story, but a nice one nonetheless.  Yesterday I posted an ad telling part of the story of the home at 10407 Colechester Street in Lee’s Hill South.  If you read that article, in recounting their favorite memories about the home, the owners referred to how beautiful the home is at Christmas, and how much they have loved decorating it.

Christmas on Colechester

Christmas on Colechester

Happy memories are what make a house a home.  Talk about a home that sets the stage for making Christmas memories!  Take a look at this winter wonderland!  Imagine spending the holidays this year, and for many years to come in this oasis that you call home.  I personally love how the picture captured the snow falling.

I mentioned that the memories of Christmas seemed to take center stage as the owners described living in this home.  They mentioned the Christmas tree in the foyer specifically.  I easily imagined what it looked like, but the real photo captures the moment even better than my imagination.

The house really shines at Christmas.  We have great memories decorating the house, in particular putting up the ten foot, Vienna pine tree in the foyer.

10 foot Vienna pine tree in the foyer

10 foot Vienna pine tree in the foyer

Imagine the fun you can have hunting for just the right Christmas tree… one that is big enough and full enough to compliment this grand foyer!

Back to the current owners… they are wonderful people.  I connected well with them in a very short time, and loved their vision of the future.  That vision includes new owners making their own special holiday memories in this home.

If you know of someone interested in living in the Colechester Village section of Lee’s Hill South, then share this with them.  More details can be found here: 10407 Colechester Village website.

 

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10407 Colechester Street, Fredericksburg, VA 22408

Author: From http://fredericksburgrealestateblog.com • Mar 14th, 2015
   Category: Blog Entries.Local, RealEstate.Local

 

Stunning Home in Lee’s Hill South!

 
 
Just Listed

 

 

Profile Image

The Edmisten/Buck Team

Coldwell Banker Elite

540-538-7222

Questions?
Schedule a Showing!

 

 


Extras For You!>>>
Property VIDEO

 
 

10407 Colechester St

Fredericksburg, VA 22408

Bedrooms: 4

Bathrooms : 4 ( 3 full, 1 half )

List Price: $359,900

Living Area Approx :
2637

 

 

Stunning Home in Lee’s Hill South! Beautiful Brazilian cherry hardwood floors, large family room with a fireplace, a palatial master bedroom with another fireplace, huge master closet with hidden floored storage, granite counters, built-in wine rack, two ovens (one is convection), stainless steel appliances, abundant storage, a spacious deck, stone walkway. An entertainer’s dream inside and out

 

 
 

 

 

L2L

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Mindi Webster – Teacher

Author: From http://fredericksburgrealestateblog.com • Mar 11th, 2015
   Category: Blog Entries.Local, RealEstate.Local

Unsung Hero Profile – Mindi Webster

There are way too many professions that qualify as heroes to name them all.  But every person in each of those professions has a story to tell.  Being intensely curious, I want to hear them all, and I want to share them all.  Therefore, one of the things that we are going to do is tell as many of them as we can.  I have mad respect for these exceptional professionals, and ask you to honor them with me.

As our first unsung hero profile, it is only fitting that we start with a teacher as we are very passionate about what they do.  That is why I am so excited to have recently had the opportunity to interview one of my favorite teaching professionals, Mindi Webster.  I have been friends with Mindi for several years, and was immediately impressed by her passion for teaching.  I think it takes a special kind of person with a passion for excellence and a caring spirit to make a difference in the lives of young people.  Mindi exhibits those traits exceptionally well.

She was very transparent and passionate in her answers to my questions.  I expected nothing less.

Mindi Webster

Mindi Webster

Q: How long have you been a teacher and/or worked in a school system?

A: I started my teaching career in 1987 at Courtland High School, but after relocating a year later, took a position as a corporate trainer.  I  returned to the public schools in 2001 to manage a grant from the Virginia Tobacco Settlement Foundation for an elementary school in Spotsy.  In 2005 I returned to the classroom as a middle school English teacher.

Q: What school do you work at and what do you do/teach?

A: I am teaching my tenth year at Walker-Grant Middle School.  I’ve predominantly taught 8th grade Advanced, Regular, and Special Ed Inclusion, but I have also taught 7th grade Special Ed Inclusion.  I currently am serving my third year as the English Department Chair.

Q: What was your inspiration to be a teacher?

A: For as long as I can remember I wanted to be a teacher.  My sister and I would play school as young girls.  I can so perfectly recall creating lessons for our “students” and then having to spend time completing the assignments for all of them so that we’d have things to grade.  We always had mostly brilliant students, although we’d be sure to include one or two that needed extra help to give us something to do after classes.  Oh the fun we had!

I was a passionate reader as a child.  Growing up poor I didn’t have the opportunities to do much physical travel, but I toured the world through books, fell in love multiple times with fictitious heroes, and found many women who I wanted to model.  My teachers all encouraged reading and I thought they were all brilliant (except my 5th grade teacher who I swore came straight out of The Wizard of Oz if you know what I mean!).

Mrs. Reid was my 2nd grade teacher and how I loved her.  She was probably the kindest, gentlest person I’ve ever known and she treated each one of us as if we were her own.  I wanted to be her, not just as a teacher, but as a person.

Q: What are the rewards of being a teacher as you see it?

A: I always tell my students that I pray none of my middle school teachers remember me as an 8th grader and therefore will give them the benefit of four more years!  Each year I attend our high school’s graduation; it is one of my favorite annual events. I get to see the sprouts of the seeds I planted five years prior and how much my former students have grown. The biggest reward is in knowing that in some small (even minuscule) way I got to be a part of that process.

On a daily basis, it is the individual moments when I get to see that something I said or did impacts a student in some small way.  Perhaps it was the brilliant delivery of a grammar concept that finally hit a nerve, or the side-handed pack of crackers that garners a brief smile and a whispered “thank you.”  Or the confidence shared about a crush because according to the student “you won’t tell anyone!”

Q: What are some of the challenges?

A: I hold these three major challenges as the most serious:

Testing.  State driven testing has sucked the life out of teaching.  The opportunities for hands-on learning, personal exploration, and a safe place to fail have really been quite minimized.  I am saddened when I hear of how the elementary years have become so tied to testing: learning how to take a test, test strategies, data, data, data etc.  It is as if we’ve gagged exploring and investigating for spoon-feeding targeted facts and figures.

Technology:  Another serious challenge we face is technology.  It is the proverbial double-edged sword.  I believe it is why our children don’t read like they used to which impacts their ability to write.  They hold their gadgets as gods and spend more time on them than they do reading, kinesthetic playing, and building healthy social interactions.  The other side to this dilemma is that schools tend to assume that every student has access to educational technology, i.e. a computer accessing the internet, and in fact that is not true.

Busy Parents:  From my vantage point, I really see how parental time, or lack thereof, really impedes child development.  Many children, and they cross all demographic lines, are simply missing their parents.

They crave more structure from those who love them; they want to talk about things beyond the daily grind, and they want to know more about their parents as people and not just how much their jobs stink, their bosses are dumb, and there isn’t enough money.  From this challenge, we see children who are needy in ways a teacher can’t always fulfill.

All of these challenges collectively, however, yield a significant lack in a child’s depth of knowledge of the world around them and limited life experiences, which makes teaching incredibly difficult.

Q: For someone wanting to understand what it is like to live in your shoes, in your profession, how would you mindi2tell your story?

A: It is so difficult to try to convey the daily nuances of our work.   Most people think, “Hey, I went to school, I know what it’s like.”  But in reality, they don’t.  In one period of my day alone, I feed kids (if they are hungry, they cannot learn), I deal with health issues that impact class time (you’d be astounded at the number of unwell children we have), I resolve personal disputes (girl drama in the middle school?), I noodle through language barriers (I do not know a single Farsi word), I field phone calls (parents who need to talk to their child – yup, it happens), I field data requests that my principal may need STAT (because sometimes administrators forget we teach during class), I have to print an assignment, give out pencils, provide an extra copy of a book before digging into a lesson (students arrive in class with NOTHING…), etc.  all the while trying to motivate, inspire, convey respect, and oh, yes, teach.

Q: What defines you outside of school? Meaning, what is your passion… your purpose… what is important to you?

I am a fairly contented and joyful person.  My passion is to share that and perhaps to even inspire that.  I love being out of doors and see it all as a gift from God.  I enjoy creating paper crafts which I create to spread happiness.  I believe we have a responsibility to love one another and it is important to me to model that and create opportunities to impart that.


It is largely because of professionals like Mindi that we have such a passion for teachers and the schools at which they serve.  Thank you Mindi for all that you do and for being so forthcoming in our interview.

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Protected: Mindi Webster

Author: From http://fredericksburgrealestateblog.com • Mar 11th, 2015
   Category: Blog Entries.Local, RealEstate.Local

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You Have Options If You Have Missed Mortgage Payments

Author: From http://fredericksburgrealestateblog.com • Mar 9th, 2015
   Category: Blog Entries.Local, RealEstate.Local

Do you owe more than your home is worth? Have you missed one or more payments on your mortgage? Or, did you receive a notice of foreclosure?  If you answered “Yes” to any or all of these questions… you need information!

Millions of homeowners miss payments on their mortgages every year due to unemployment or other hardships. And, due to the drop in home values in the last decade, many Fredericksburg area homeowners still find themselves with negative equity.

The biggest question I get today is: “What can I do?”

The first thing to know is that you have options. Don’t allow the value of your home or legal paperwork you may have received to make you think your situation is helpless. There are ways to get help and get back on your feet. And it can happen sooner than you think.

The second important piece of advice is… DON’T listen to everything you see or read in the news and don’t be duped by “so called” experts. The news doesn’t always give you the complete picture and there are many scam artists taking advantage of people in distress today. These people feed you mis-information so they can buy your home cheap or take your money. It’s truly sad.

Unfortunately, most people don’t know they have 10 different options when their home becomes too much to handle.  They end up doing the wrong thing or nothing at all and the result is a damaged credit score and legal problems.

If you have questions, we have a wealth of information to put in your hands for free.  This is relevant, local information that will educate you on your options.  Simply complete the form below and we will send the information to you.  No strings attached.

[contact-form]

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Difference Between Real Estate Agents and Sleazy Ambulance Chasers?

Author: From http://fredericksburgrealestateblog.com • Mar 6th, 2015
   Category: Blog Entries.Local, RealEstate.Local

There is little difference between what many real estate agents do and the sleaziest ambulance chasers you can conjure up in your mind.  Did I just surprise you with that statement?  I doubt it since consumer survey polls show that 67.5% of people do not trust real estate agents.

That reputation by and large is well deserved.  There are a lot of agents who do little to make themselves excellent in their craft, and merely shuffle paperwork for a big fee. There are many who apply what amounts to schemes and frauds to find new clients.  They do bait and switch programs.  They love to tell you about how they are number one, or a top producer, and yet never work to uncover what you need. They don’t care what you need.  You represent only a commission check to them.  Yeah, no wonder 67.5% of people don’t trust my profession.

Was the ambulance chaser comment too much?  I don’t think so.  I know of an agent who is using and teaching a grand new concept.  He is finding people who are struggling in their marriage and aggressively pursuing these folks to list their home.   Imagine your marriage is falling apart and some aggressive real estate agent is badgering you to list your home!   Sounds like that is similar to ambulance chasing to me.  Some agents use schemes like “I will sell your house in 30 days or I will buy it.”  I call BS on that one too.  It is merely a bait and switch program.

Real estate agents get paid hefty fees in many cases for the work they are supposed to do.  Unfortunately, in many cases they do little for that fee.  Demand excellence.  Pick an agent who has worked hard to be excellent in their craft and who are awesome members of the community.  Seek the experience of others… people will be quick to tell you which agents care more about their commission check than your best interests.  People will also tell you who is excellent.

I know of a real estate agent who always goes far above and beyond for her clients.  I mean in every imaginable way.  She and her husband are constantly rolling up their sleeves and pitching in to help their clients.  They absolutely care about that client as a person, and what that client needs.  That is the kind of agent you want to hire.  That is the kind of agent I would hire if I were not an agent.  They would always put me before a commission check.

67.5% of people don’t trust real estate agents.  That would tell me that the majority of agents are not trustworthy.  Seek out the ones who are trustworthy to be your agent.  Choose wisely.